Portugal GDP Growth At 7-Year High Of 1%

The Portuguese economy advanced 1 percent on quarter in the first three months of 2017, following an upwardly revised 0.7 percent growth in the previous period. It is the biggest expansion since the first quarter of 2010, mainly boosted by external demand, preliminary estimates showed.

The contribution from net trade turned positive in Q1 as exports rose faster than imports. On the other hand, the postive contribution from domestic demand decreased as gross fixed capital formation grew less and inventories declined.

Year-on-year, the economy advanced 2.8 percent, well above 2 percent in the last three months of 2016 and the highest since the last quarter of 2007. The contribution from net trade also turned positive on a yearly basis while private spending and investment slowed.

The government expects the economy to grow 1.8 percent in 2017, higher than 1.4 percent in 2016 and in line with European Commission forecasts. The IMF estimates 1.7 percent.

Portugal GDP Grows 0.7% in Q4
The Portuguese economy advanced 0.7 percent on quarter in the last three months of 2017, above 0.5 percent in the previous period. It is the fastest growth rate in three quarters, mainly boosted by higher exports, preliminary estimates showed. Published on 2018-02-14

Portuguese Q3 GDP Growth Confirmed at 0.5%
The Portuguese economy advanced 0.5 percent on quarter in the three months to September 2017, unrevised from the preliminary estimate and following a 0.3 percent expansion in the previous period. Household consumption was the main driver of growth while fixed investment contracted and net external demand contributed negatively.Published on 2017-11-30

Portuguese GDP Grows 0.5% in Q3
The Portuguese economy advanced 0.5 percent on quarter in the three months to September of 2017 after expanding 0.3 percent in the previous period and missing market expectations of 0.6 percent, the preliminary estimates showed.Published on 2017-11-14

Portuguese Q2 GDP Growth Revised Up to 0.3%
The Portuguese economy expanded 0.3 percent on quarter in the three months to June 2017, above the preliminary estimate of 0.2 percent and following an increase of 1 percent in the previous period. The reading marked a third year of consecutive growth, but the weakest pace since Q2 2016, mainly due to a negative contribution from net external demand.Published on 2017-08-31

Portuguese Economy Grows 0.2% in Q2
The Portuguese economy advanced 0.2 percent on quarter in the three months to June of 2017 after growing 1 percent in the previous period and missing market expectations of 0.5 percent, the preliminary estimate showed.Published on 2017-08-14

Portuguese Q1 GDP Growth Confirmed At 1%
The Portuguese economy expanded 1 percent on quarter in the three months to March 2017, following a 0.7 percent growth in the previous period and matching the preliminary estimate. It was the strongest growth rate since the first quarter of 2010, mainly boosted by net external demand while household consumption and fixed investment increased at a slower pace, final figures showed.Published on 2017-05-31

Portugal GDP Growth At 7-Year High Of 1%
The Portuguese economy advanced 1 percent on quarter in the first three months of 2017, following an upwardly revised 0.7 percent growth in the previous period. It is the biggest expansion since the first quarter of 2010, mainly boosted by external demand, preliminary estimates showed.Published on 2017-05-15

Portugal GDP Growth Confirmed At 0.6% In Q4
The Portuguese economy advanced 0.6 percent on quarter in the last three months of 2016, in line with preliminary estimates and slowing from an upwardly revised 0.9 percent expansion in the previous period. Domestic demand rebounded as household spending and investment accelerated while net trade dragged down on growth due to a surge in imports. Considering full 2016, the economy expanded 1.4 percent, below 1.6 percent in 2015.Published on 2017-03-01

Portugal GDP Growth Betas Expectations In Q4
The Portuguese economy advanced 0.6 percent on quarter in the last three months of 2016, slowing from a 0.8 percent expansion in the previous period but beating market expectations of 0.5 percent. Domestic demand was the main contributor to growth, preliminary estimates showed. Published on 2017-02-14

Portuguese Q3 GDP Growth Confirmed at 3-Year High
The Portuguese economy expanded 0.8 percent on the quarter in the three months to September 2016, following a 0.3 percent growth in the previous period and matching the preliminary estimate. It was the highest growth rate since the last quarter of 2013, driven by a rise in exports and household consumption while fixed investment continued to contract, final figures showed.Published on 2016-11-30

Portugal GDP Growth Rate at 3-Year High of 0.8%
The Portuguese economy advanced 0.8 percent on quarter in the three months to September of 2016, up from a 0.3 percent increase in the previous period and beating market expectations of a 0.2 percent increase. It is the highest growth rate since the last three months of 2013, boosted by a rise in exports, preliminary estimates showed.Published on 2016-11-15

Portuguese Q2 GDP Growth Revised Up to 0.3%
The Portuguese economy expanded 0.3 percent on the quarter in the three months to June 2016, compared to a 0.2 percent growth in the previous period and beating preliminary estimates of 0.2 percent. It was the biggest gain since the second quarter of 2015, mainly driven by net external demand, while household consumption expanded at a slower pace and fixed investment continued to contract, final figures showed. Compared to the same period of 2015, the GDP expanded 0.9 percent, the same as in the previous quarter and better than previous estimates of 0.8 percent.Published on 2016-08-31

Portugal GDP Growth Steady at 0.2% in Q2
The Portuguese economy expanded 0.2 percent on the quarter in the three months to June 2016, the same pace as in the previous period and in line with market expectations, preliminary estimates showed. Published on 2016-08-12

Portugal GDP Growth Revised Up to 0.2% in Q1
The Portuguese economy advanced 0.2 percent on quarter in the first three months of 2016, the same as in the previous period and above a preliminary estimate of a 0.1% expansion. It was the eighth consecutive period of growth, boosted by household spending while investment stalled and exports shrank.Published on 2016-05-31

Portugal GDP Growth Slows to 0.1% in Q1
The Portuguese economy expanded 0.1 percent on quarter in the first three months of 2016, slowing from a 0.2 percent growth in the previous quarter and missing market expectations of a 0.4 percent rise, preliminary estimates showed.Published on 2016-05-13

Portugal Q4 GDP Growth Confirmed at 0.2%
The Portuguese economy advanced 0.2 percent on quarter in the three months to December of 2015 following an upwardly revised 0.1 percent growth in the previous period and matching preliminary estimates. While net external demand expanded, domestic demand contracted mainly due to a reduction of investment, final figures showed. Published on 2016-02-29

Portuguese Economy Expands 0.2% in Q4
The Portuguese economy advanced 0.2 percent on quarter in the three months to December of 2015 after showing no growth in the previous period while missing market expectations of 0.4 percent. While domestic demand contracted mainly due to a reduction of investment, net external demand contributed positively to the growth, preliminary estimates showed. Published on 2016-02-12

Portuguese GDP Stagnates in Q3
The Portuguese economy showed no growth in the three months to September, compared to 0.5 percent growth in the previous quarter and matching preliminary estimates. While domestic demand contracted mainly due to a reduction of investment, net external demand expanded, final figures showed. Published on 2015-11-30

Portuguese Economy Stalls in Q3
The Portuguese economy showed no growth in the three months to September, compared to an upwardly revised 0.5 percent growth in the previous quarter and staying way below market expectations of 0.4 percent growth. While domestic demand contracted mainly due to a reduction of investment, net external demand contributed positively to the growth, preliminary estimates showed.Published on 2015-11-13

Portugal GDP Growth Confirmed at 0.4% in Q2
The Portuguese economy expanded 0.4 percent on quarter in the three months to June, the same as in the last two quarters and matching preliminary estimates. Domestic demand was the main driver of growth while net external demand dragged the expansion down, final figures showed. Published on 2015-08-31

Portugal GDP Expands 0.4% in Q2
The Portuguese economy advanced 0.4 percent on quarter in the three months to June, the same as in the previous period but below market expectations. While domestic demand continued to be the main driver of growth, net external demand dragged the expansion down, preliminary estimates showed. Published on 2015-08-14

Portugal GDP Growth Confirmed in Q1
The Portuguese economy expanded 0.4 percent on quarter in the first three months of 2015, the same as in the previous quarter and matching preliminary estimates. Domestic demand was the main driver of growth, final figures showed.Published on 2015-05-29

Portugal GDP Growth at 0.4% in Q1
The Portuguese economy advanced 0.4 percent on quarter in the first three months of 2015, steady from a downwardly revised 0.4 percent expansion in the previous period, preliminary estimates showed.Published on 2015-05-13

Portugal GDP Growth Confirmed at 0.5%
The Portuguese economy expanded 0.5 percent quarter-on-quarter in the last three months of 2014, matching preliminary estimates. It is the third consecutive expansion, bringing full year growth to 0.9 percent.Published on 2015-02-27

Portugal GDP Growth Accelerates in Q4
The Portuguese economy expanded 0.5 percent on quarter in the last three months of 2014, accelerating from a 0.3 percent rise in the previous period. It is the highest growth rate in a year.Published on 2015-02-13

Portugal GDP Growth Is Revised Up in Q3
The Portuguese economy expanded 0.3 percent quarter-on-quarter in July to September period as gains in private consumption were enough to offset a decline in net trade.Published on 2014-11-28

Portuguese GDP Expands 0.2% QoQ in Q3
The Portuguese economy advanced 0.2 percent on quarter in the three months to September, slowing from a 0.3 percent expansion in the previous period. The growth was driven by private consumption while contribution from net exports was negative.Published on 2014-11-14

Portuguese GDP Growth Revised Down in Q2
The Portuguese economy advanced 0.3 percent on quarter in the April to June period, down from a preliminary estimate of a 0.6 percent increase. The difference is mainly due to methodological changes in computing GDP figures.Published on 2014-09-08

Portuguese Economy Expands 0.6% in Q2
Portuguese GDP grew by 0.6 percent in the second quarter of 2014, following a contraction of 0.6 percent reported in the first three months of the year. Published on 2014-08-14

Portugal GDP Contracts 0.6% QoQ in Q1
The Portuguese economy contracted 0.6 percent quarter-on-quarter in the first three months of 2014, slightly up from a preliminary estimated 0.7 percent contraction. Final figures confirmed the GDP slumped from a 0.5 percent expansion in the previous quarter, hurt by a fall in exports and a slowdown in investment.Published on 2014-06-09

Portugal GDP Contracts in Q1
The Portuguese economy contracted 0.7 percent in the first three months of 2014, following a revised 0.5 percent expansion in the previous quarter, hurt by a fall in exports.
Published on 2014-05-15

Portuguese GDP Advanced More than Expected in Q4
The Portuguese economy expanded a revised 0.6 percent in the last quarter of 2013, up from the previous quarter's 0.3 percent growth. The final figure comes better than a 0.5 percent expansion previously reported, boosted by investment and exports.Published on 2014-03-11

Portuguese Economy Rebounds in Q4 2013
In the last quarter of 2013, Portugal’s GDP advanced 0.5 percent over the previous quarter, accelerating from a 0.3 percent expansion in the previous three-month period, flash estimates showed.Published on 2014-02-14

Portuguese GDP Growth Confirmed at 0.2% in Q3
In the third quarter of 2013, the Portuguese economy advanced 0.2 percent over the previous quarter, down from a 1.1 percent expansion in the preceding three-month period and matching the initial estimate released earlier in November.
Published on 2013-12-09

Portuguese GDP Growth Confirmed at 1.1% in Q2
In the second quarter of 2013, Portugal's GDP increased by 1.1 percent quarter-on-quarter, up from -0.4 percent in Q1. The confirmed expansion follows 10 successive quarters of contraction and was led by rising external and domestic demand.Published on 2013-09-06

Portuguese Economy Returns to Growth in Q2
In the second quarter of 2013, Portuguese economy registered a 1.1 percent quarter-on-quarter expansion following 10 quarters of contraction in a row mainly driven by higher exports. Published on 2013-08-14

Portuguese GDP Growth Revised Down to -0.4% QoQ in Q1
Comparing with the previous quarter, volume GDP decreased by 0.4 percent in the 1st quarter 2013 (-1.8 percent in the 4th quarter of 2012), as the result of the negative domestic demand contribution of -2.3 p.p. (-1.3 p.p. in the precedent quarter), which more than compensated the positive net external demand contribution of 1.9 p.p. (-0.5 p.p. in the 4th quarter of 2012).Published on 2013-06-05

Portuguese Economy Shrinks Less Than Expected in Q1
Portugal's gross domestic product shrank a smaller-than-expected 0.3 percent in the first quarter after contracting 1.8 percent in the previous quarter. Year-on-year, the economy contracted 3.9 percent. The economy shrank for a 10th quarter in the three months through March as the government cut spending and the Euro Area recession deepened.Published on 2013-05-29

Portugal Economy Contracts 1.8 Percent in Q4
The Portuguese Gross Domestic Product registered a year-on-year change rate of -3.8 percent in volume in the 4th quarter 2012 (-3.5 percent in the previous quarter), accordingly with the flash estimate of the Quarterly National Accounts. Comparing with the previous quarter, the Portuguese GDP diminished 1.8 percent.Published on 2013-02-14